Skip to content
Carina Initiatives Inc at a glanceAlso receives grants: funding profile →

· Private foundation

Carina Initiatives Inc

Its FY2024 filing reports that it funds preselected organizations and did not take unsolicited requests; check the foundation's own site before ruling it out.

$9.1M
Granted FY2024still arriving
32
Grants FY2024still arriving
15
States reached
$1.3M
Largest
01What it fundsRead
02The needRead
03Its granteesRead
04Its fieldRead
05Through PlinthRead
01What it funds
01100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2020 to 2024.

Education$20MScience & Tech$3.6MYouth Development$2.7MPublic Benefit$2.3MReligion$1.1MInternational$820kSocial Science$141kRecreation & Sports$135kOther$0
02FY2024 · 32 grants

Where the money goes

Grants by size, and the largest recipients.

By grant size · FY2024

  • Under $10k8 grants · $57k
  • $10k–50k5 grants · $109k
  • $50k–250k8 grants · $1.1M
  • $250k+11 grants · $7.9M
$120,000
Median grant
15
States reached
$31M
Total assets
Largest grants
RecipientAmount
NATIONAL MATH STARS INC$1,254,882
THE ART OF PROBLEM SOLVING INITIATIVE INC$1,000,000
AOPS INCORPORATED$882,978
9 DOTS COMMUNITY LEARNING CENTER$850,000
THE BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY$830,280
GLOBAL TALENT NETWORK FOUNDATION$750,000
BRILLIANT WORLDWIDE INC$720,000
THE PARTNERSHIP FOR LOS ANGELES SCHOOLS$504,760
THE UNIVERSITY OF CHICAGO$470,000
REGENTS OF THE UNIVERSITY OF MINNESOTA$324,053
ANIMO GAMES STUDIO LLC$264,000
THE GLOBAL DEVELOPMENT INCUBATOR INC$220,000
CALIFORNIA INSTITUTE OF TECHNOLOGY$200,000
SIGMACAMP INC$168,500
NATIONAL BUREAU OF ECONOMIC RESEARCH INC$126,495
02The need
03

Does the money reach high-need areas?

Each grant placed by the hardship in its grantee’s ZIP, against the area’s typical level.

show:

Dollar for dollar, its grants (FY20–24) land where the poverty rate runs at 13%, against an area that typically sits at 10%. 87% of its dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 10%MASSACHUSETTS INSTITUTE OF TECHNOLOGYOFFICE OF ENGINEERING OUTREACH PROGRAM: $250k → 8%REGENTS OF THE UNIVERSITY OF MINNESOTA: $369k → 11%BRILLIANT WORLDWIDE INC: $426k → 10%AOPS INCORPORATED: $666k → 11%CALIFORNIA INSTITUTE OF TECHNOLOGY: $200k → 14%THE GLOBAL DEVELOPMENT INCUBATOR INC: $580k → 14%NATIONAL MATH STARS INC: $1.3M → 12%THE EXCELLENCE PROJECT: $200k → 8%THE UNIVERSITY OF CHICAGO: $930k → 14%DIGITAL HARBOR FOUNDATION: $500k → 19%MASSACHUSETTS INSTITUTE OF TECHNOLOGYOFC OF ENGINEERING OUTREACH PROGRAMS: $250k → 8%REGENTS OF THE UNIVERSITY OF MINNESOTA: $342k → 11%THE BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY: $830k → 8%BRILLIANT WORLDWIDE INC: $188k → 10%AOPS INCORPORATED: $449k → 11%CALIFORNIA INSTITUTE OF TECHNOLOGY: $200k → 14%THE ART OF PROBLEM SOLVING INITIATIVE INC DBA BEAM: $1.5M → 17%THE EDUCATION TRUST: $275k → 14%UNIVERSITY OF CHICAGO (BIPLAB MATH APPS RESEARCH): $576k → 14%GLOBAL TALENT NETWORK FOUNDATION: $750k → 19%REGENTS OF THE UNIVERSITY OF MINNESOTA: $324k → 11%THE BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY: $530k → 8%BRILLIANT WORLDWIDE INC: $720k → 10%AOPS INCORPORATED: $883k → 11%CALIFORNIA INSTITUTE OF TECHNOLOGY: $200k → 14%THE ART OF PROBLEM SOLVING INITIATIVE INC: $1.3M → 17%THE GLOBAL DEVELOPMENT INCUBATOR INC: $220k → 14%THE UNIVERSITY OF CHICAGO: $470k → 14%GLOBAL TALENT NETWORK FOUNDATION: $750k → 19%REGENTS OF THE UNIVERSITY OF MINNESOTA: $308k → 11%THE BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY: $530k → 8%BRILLIANT WORLDWIDE INC: $376k → 10%AOPS INCORPORATED: $712k → 11%9 DOTS COMMUNITY LEARNING CENTER: $865k → 14%THE ART OF PROBLEM SOLVING INITIATIVE INC DBA BEAM: $1.2M → 17%REGENTS OF THE UNIVERSITY OF MINNESOTA: $279k → 11%AOPS INCORPORATED: $441k → 11%9 DOTS COMMUNITY LEARNING CENTER: $850k → 14%THE ART OF PROBLEM SOLVING INITIATIVE INC: $1.0M → 17%9 DOTS COMMUNITY LEARNING CENTER: $850k → 14%THE ART OF PROBLEM SOLVING INITIATIVE INC DBA BEAM: $846k → 17%9 DOTS COMMUNITY LEARNING CENTER: $850k → 14%ANIMO GAMES STUDIO LLC: $264k → 14%PARTNERSHIP FOR LOS ANGELES SCHOOLS: $517k → 14%THE PARTNERSHIP FOR LOS ANGELES SCHOOLS: $505k → 14%PARTNERSHIP FOR LOS ANGELES SCHOOLS: $386k → 14%THE PARTNERSHIP FOR LOS ANGELES SCHOOLS: $283k → 14%PARTNERSHIP FOR LOS ANGELES SCHOOLS: $234k → 14%0%20%40%50%more need →
grant to an above-average-need area below average· circle size = grant amount
How this is measured
Matched: human-services grants are those whose grantee’s IRS cause code is Human Services. Placed by people below the poverty line in the grantee’s ZIP, averaged from the tracts in that ZIP.

Which US states its grants reach

NH
MN
IL
MI
NY
MA
IN
OH
CA
CO
VA
MD
AZ
NM
NC
DC
TX
How this is measured
US grants placed by each grantee’s ZIP, which can differ from where services are delivered. Need from public data (U.S. Census/ACS, CDC PLACES, Eviction Lab, USDA), shown as context about the area, never attributed to the funder’s giving.
03Its grantees
repeat funding

Who it funds again

Organizations funded in more than one year, against those funded once.

86%of every dollar goes to organizations it has funded before.
$25M · 27 repeat orgs$3.9M to everyone else

27 repeat relationships: 12 still active in FY2024, 15 since wound down; 16 grantees were first funded in FY2024 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

27
21

Total granted

$25M
$1.8M

Median revenue growth · since first grant

+52%
+93%

Still filing today

37%
38%

New vs renewed · share of each year

In FY2024, 74% of grant dollars renewed an existing relationship; $2.1M went to new ones.

50%100%’20’21’22’23’24
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’20’21’22’23’24
EducationYouth DevelopmentPhilanthropySocial SciencePublic BenefitInternationalOther
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.

Backed again, and grew

  • 9D
    9 DOTS COMMUNITY LEARNING CENTER
    4× · 2021–2024 · $3.4M · revenue +70% · 38% of their budget
  • TA
    THE ART OF PROBLEM SOLVING INITIATIVE INC
    2× · 2023–2024 · $2.3M · revenue +54%
  • PF
    PARTNERSHIP FOR LOS ANGELES SCHOOLS
    5× · 2020–2024 · $1.9M · revenue +80%

Funded once

  • DH
    DIGITAL HARBOR FOUNDATIONgraduated
    one grant, 2023 · $500k · revenue +93%
  • MI
    MASSACHUSETTS INSTITUTE OF TECHNOLOGYOFFICE OF ENGINEERING OUTREACH PROGRAM
    one grant, 2022 · $250k
  • MI
    MASSACHUSETTS INSTITUTE OF TECHNOLOGYOFC OF ENGINEERING OUTREACH PROGRAMS
    one grant, 2023 · $250k
How this is measured

Repeat means funded in two or more distinct years. Growth and survival are read from each grantee’s own subsequent IRS filings.

04Its field

Closest unfunded matches

The nonprofits that most resemble its grantees but are not funded by it, scored along the direction from the rest of the field toward the portfolio. A resemblance in what they say they do, not a recommendation.

1
Massachusetts Institute of Technology

The mission of mit is to advance knowledge and educate students in science, technology, and other areas of scholarship that will best serve the nation and the world in the 21st century.

Education
2
Princeton International School of Mathematics and Science Inc

The purpose of the school is to promote, advance and sponsor charitable and educational activities.

Education
3
Center for Excellence in Education

Through its programs, the Center seeks high achieving high school and university students from diverse economic and cultural backgrounds to further develop their mathematical and scientific skills.

Science & Tech
4
Institute for Advanced Study - Louis Bamberger & Mrs Felix Fuld Foundation

The institute for advanced study (the institute) is one of the world's leading centers for theoretical research and intellectual inquiry. see schedule o.

Science & Tech
5
President and Fellows of Harvard College

Undergraduate, graduate, and professional education and research across a broad array of academic domains.

Education
6
National Math & Science Initiative Inc

Nmsi's mission is to advance stem education to ensure all students, especially those furthest from opportunity, thrive and reach their highest potential as problem solvers and lifelong learners who pursue their passions and tackle the…

Education
7
Girls in Stem
Human Services
8
National Science and Technology Medals Foundation Inc

The nstmf's mission is to build inclusive stem communities across the united states. fundamental to these communities are the significant, inspirational connections we foster between the individuals who have received national recognition…

—
9
The Concord Consortium Incorporated

The concord consortium innovates and inspires equitable, large-scale improvements in stem teaching and learning through technology...(continued on schedule o)

Education
10
Orcid Inc

Orcid provides an identifier for individuals to use with their name as they engage in research, scholarship, and innovation activities. we provide open tools that enable transparent and trustworthy connections between researchers, their…

Education
11
Howard University Middle School of Mathematics & Science

The howard university middle school of mathematics and science is the only middle school in the country that is located on the campus of an hbcu. we were chartered by howard university for the express purpose of creating a pipeline for…

Education
12
The Common Application Inc

The common application is a not-for-profit membership organization of over 1,100 colleges and universities across the globe committed to access, equity, and integrity in the college admission process. every year, over 1.5 million students…

Education
How this is measured
The grantee most central to the portfolio’s shape is Charter Fund Inc D/B/a Charter School Growth Fund; the most unlike its peers is Sigmacamp Inc. Resemblance is measured on each organization’s own IRS 990 mission text; it reflects how work is described, not its quality or impact.
04the grantee network

28 grantees tracked through their own filings, 2017–2025.

Each grant beside the grantee’s revenue from every source, year by year.

How this is measured

Counted here: distinct organizations funded across 2017 to 2025, not grant rows in a single year, so this will not match the grant count on the cover. 28 of the 66 grantees resolved in that span have returns of their own we could reconcile.

Each grantee is resolved to its own IRS returns. Association, dated; never a causal claim.

4
Load-bearing (≥25% of a budget)
8
Early backer (in before they grew)
28/28
Grantees still filing
18/28
Grew since first funded

Where the money sits, by cause and then by grantee

THE ART OF PROBLEM SOLVING INITIATIVE INC DBA BEAM: $3,542,001 · OtherTHE ART OF PROBLEM SOLVING INITIATIVE INC DBA BEAMAOPS INCORPORATED: $3,150,997 · OtherAOPS INCORPORATEDTHE ART OF PROBLEM SOLVING INITIATIVE INC: $2,250,000 · OtherTHE ART OF PROBLEM SOLVING INITIATIVE INCBRILLIANT WORLDWIDE INC: $1,897,001 · OtherBRILLIANT WORLDWIDE INCREGENTS OF THE UNIVERSITY OF MINNESOTA: $1,623,216 · OtherREGENTS OF THE UNIVERSITY OF MINNESOTAUNIVERSITY OF CHICAGO (BIPLAB MATH APPS RESEARCH): $697,000 · Other+35 more: $2,657,842 · Other+35 more9 DOTS COMMUNITY LEARNING CENTER: $3,415,000 · Education9 DOTS COMMUNITY LEARNING CENTERPARTNERSHIP FOR LOS ANGELES SCHOOLS: $1,924,961 · EducationPARTNERSHIP FOR LOS ANGELES SCHOOLSTHE BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY: $1,890,840 · EducationTHE BOARD OF TRUSTEES OF THE LELAND STANFORD…University of Chicago: $1,400,000 · EducationUniversity of ChicagoNational Math Stars: $1,263,916 · EducationNational Math StarsCALIFORNIA INSTITUTE OF TECHNOLOGY: $600,000 · EducationDIGITAL HARBOR FOUNDATION: $500,000 · EducationThe Education Trust Inc: $412,500 · Education+8 more: $624,056 · EducationGLOBAL TALENT & INNOVATION FUND: $1,500,000 · Youth Development+2 more: $43,333 · Youth DevelopmentTHE GLOBAL DEVELOPMENT INCUBATOR INC: $820,000 · InternationalSIGMACAMP INC: $168,500 · EmploymentCHARTER FUND INC D/B/A CHARTER SCHOOL GROWTH FUND: $100,000 · PhilanthropyARBOR BROTHERS INC DBA ARBOR RISING: $50,000 · PhilanthropyNATIONAL BUREAU OF ECONOMIC RESEARCH INC: $126,495 · Social ScienceGLOBAL GAME JAM INC: $15,000 · Social Science
Other$15,818,057Education$12,031,273Youth Development$1,543,333International$820,000Employment$168,500Philanthropy$150,000Social Science$141,495

Each grantee by its size and the funder’s share of it; top left is load-bearing

25%50%75%100%$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budget9 DOTS COMMUNITY LEARNING CENTER: $3,415,000 over 4y, 38% of budgetTHE ART OF PROBLEM SOLVING INITIATIVE INC: $2,250,000 over 2y, 16% of budgetPARTNERSHIP FOR LOS ANGELES SCHOOLS: $1,924,961 over 5y, 3.6% of budgetTHE BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY: $1,890,840 over 3y, 0.0% of budgetGLOBAL TALENT & INNOVATION FUND: $1,500,000 over 2y, 100% of budgetUniversity of Chicago: $1,400,000 over 2y, 0.0% of budgetNational Math Stars: $1,263,916 over 1y, 39% of budgetTHE GLOBAL DEVELOPMENT INCUBATOR INC: $820,000 over 2y, 3.4% of budgetCALIFORNIA INSTITUTE OF TECHNOLOGY: $600,000 over 3y, 0.0% of budgetDIGITAL HARBOR FOUNDATION: $500,000 over 1y, 1.7% of budgetThe Education Trust Inc: $412,500 over 2y, 0.5% of budgetADDISCODER INC: $220,000 over 2y, 39% of budgetMATHCOUNTS Foundation: $200,000 over 4y, 1.9% of budgetSIGMACAMP INC: $168,500 over 1y, 16% of budgetNATIONAL BUREAU OF ECONOMIC RESEARCH INC: $126,495 over 1y, 0.2% of budgetPROMYS FOUNDATION: $100,000 over 1y, 10% of budgetCHARTER FUND INC D/B/A CHARTER SCHOOL GROWTH FUND: $100,000 over 1y, 0.1% of budgetARBOR BROTHERS INC DBA ARBOR RISING: $50,000 over 1y, 1.9% of budgetCAMBRIDGE MATH CIRCLE INC: $50,000 over 1y, 21% of budgetCampersand Co: $37,500 over 1y, 14% of budgetMATHEMATICS FOUNDATION OF AMERICA: $33,333 over 1y, 2.6% of budgetTrustees of Dartmouth College: $31,556 over 1y, 0.0% of budgetGAMES FOR CHANGE INC: $25,761 over 1y, 1.2% of budgetGLOBAL GAME JAM INC: $15,000 over 1y, 6.6% of budgetMathPath: $7,500 over 1y, 0.9% of budgetMATHEMATICAL STAIRCASE: $7,500 over 1y, 1.2% of budgetROSS MATHEMATICS FOUNDATION: $7,500 over 1y, 0.8% of budget
Grantee by grantee: a decade per organization, before and after funding

A decade per grantee: revenue shaded, grants as bars, all rows on one timeline.

  • Who funds 9 DOTS COMMUNITY LEARNING CENTER ↗
  • Who funds THE ART OF PROBLEM SOLVING INITIATIVE INC ↗
  • Who funds PARTNERSHIP FOR LOS ANGELES SCHOOLS ↗
  • Who funds THE BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY ↗
  • Who funds GLOBAL TALENT & INNOVATION FUND ↗
  • Who funds University of Chicago ↗
  • Who funds National Math Stars ↗
  • Who funds THE GLOBAL DEVELOPMENT INCUBATOR INC ↗
  • Who funds CALIFORNIA INSTITUTE OF TECHNOLOGY ↗
  • Who funds DIGITAL HARBOR FOUNDATION ↗
  • Who funds The Education Trust Inc ↗
  • Who funds ADDISCODER INC ↗
  • Who funds MATHCOUNTS Foundation ↗
  • Who funds SIGMACAMP INC ↗
  • Who funds NATIONAL BUREAU OF ECONOMIC RESEARCH INC ↗
  • Who funds PROMYS FOUNDATION ↗
  • Who funds CHARTER FUND INC D/B/A CHARTER SCHOOL GROWTH FUND ↗
  • Who funds ARBOR BROTHERS INC DBA ARBOR RISING ↗
  • Who funds CAMBRIDGE MATH CIRCLE INC ↗

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.

American Mathematical…Gates FoundationSilicon Valley Commun…Boston Foundation IncCalifornia Community …Gs Donor Advised Phil…Jewish Communal FundNational Philanthropi…Jpmorgan Chase Founda…Vanguard Charitable E…Morgan Stanley Global…Network for Good
American Mathematical SocietyRI20× affinity7 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: American Mathematical Society · Gates Foundation · Silicon Valley Community Foundation · Boston Foundation Inc · California Community Foundation · Gs Donor Advised Philanthropy Fund for Wealth Management Inc · Jewish Communal Fund · National Philanthropic Trust · Jpmorgan Chase Foundation · Vanguard Charitable Endowment Program · Morgan Stanley Global Impact Funding Trust Inc · Network for Good

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

How much its grantees rely on government

Each dot is one organization Carina Initiatives Inc funds: left to right is the share of its income from government, bottom to top the share from Carina Initiatives Inc. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 30%6%25%56%100%funder's share of their income ↑0%25%50%75%100%share of the org’s income from government →median 48%
  • National Bureau of Economic Research Inc: 48% of income from government
  • Digital Harbor Foundation: 2% of income from government
no gov moneyreceives it· size = income
3get no government money at all
5report government grants on their 990 we could not trace to a source (not plotted)
0rely on government for over half their income
typical government reliance, FY20–25
How this is measured
Government income is each org’s traced federal awards (USASpending grants and contracts) plus state payments (open checkbooks) as a share of its total revenue (IRS Form 990); the self-reported government-grant line (990 line 1e) is carried for cross-check: a grantee that reports government grants we could not trace to a source is left off the chart rather than shown as receiving none. An association, not a claim that a grant caused the public funding. Coverage is precision-first, a floor rather than a census; state records exist for 9 states, so a grantee outside them shows no state figure (dimmed) rather than a false zero. Federal award amounts are obligations, which can span years, so a single-year share is indicative. 990 filings lag 12 to 24 months.
05Through Plinth

Warm introductions · Powered by PlinthPlus

How do I get to Carina Initiatives Inc?

Find your warmest path to Carina Initiatives Inc through trustees and officers whose names appear on both boards. Search for your organization and Plinth traces the shortest route it can evidence.

Each link is a name appearing on two organizations’ public IRS 990 filings, matched on that name and, where the filings support it, on location. A same-state match has geographic support, which is a second matching feature rather than confirmation that the two are one person; a cross-state one is the likeliest to be two people who share a name. Every hop shows its tier, low-confidence and distant paths are held back rather than guessed, and it is worth confirming the person before you use the introduction.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 66 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990-PF e-file return for fiscal year 2024, released 2024. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

Play a game based on Carina Initiatives’ filings →

More from the funding graph

The unnamed billions
grants reported with no recipient in the public record
The regranting layer
51% of grant dollars land in the regranting layer
The DAF merry-go-round
$9.7B circulates between donor-advised funds
The endowment market
who holds foundation money, and what just moved
The camps
funders cluster by geography, not ideology
By state
where grant money is based, and what stays home